ABOUT THE NIKUNJAM SENATE SUITES

Our latest offering – Nikunjam Senate Suites, a 108 unit luxury fully furnished serviced apartment project, is located in the heart of Thiruvananthapuram. Each unique serviced apartment is available for sale to discerning property investors who are looking for passive income on a monthly basis. In addition to this monthly assured income, potential investors also will enjoy the capital appreciation of these mid-luxury apartments if they wish to sell it at a later point in time.

Nikunjam Senate Suites, encompassing a full service multi cuisine restaurant and cosy coffee shop along with the latest banqueting facilities catering to large wedding functions, will be well managed and run by a competent and reputed serviced apartment operator who will subsequently rent these apartments to corporates and IT professionals who come to visit Trivandrum and want to stay in the city on a long term basis for work. Other target market groups include visitors and guests who engage in medical tourism and choose to stay in Trivandrum for a longer period of time. Another macro trend that Nikunjam Senate Suites aims to take advantage of is the fact that with the added designation of Trivandrum as “Smart City” as well as the addition of the largest mall in India, Lulu Mall, being opened right here in Trivandrum, the number of guest arrivals will only increase over a period of time to avail utmost comfort and convenience in working, commuting, shopping, entertainment, and sightseeing.

These luxurious and affordable serviced apartments caters to the needs of discerning national and international customers and are fully air-conditioned and can be used for both leisure stay as well as for corporate accommodation. Each apartment is designed carefully considering the tastes of well travelled guests and are equipped with world-class amenities and facilities.

In terms of the value proposition to a potential investor, Nikunjam Senate Suites would be the ideal passive real estate investment due to the fact that guests always prefer a larger more expansive service apartment while booking their accommodations versus a cramped and smaller conventional hotel room. Add to the fact that maintenance of these serviced apartments are completely being taken care of the operator, the investor has much better peace of mind and a higher ROI rather than buying a conventional apartment where you have to maintain and even find tenants all by yourself for rental purposes.

All wiring in concealed conduits with adequate provision for power
plugs. Two lights, one fan and one 5A plug point in each room. 15A
in kitchen and all attached toilets for geyser. Power backup upto
500W available at selected points in the apartments. Modular
switches (Schneider), independent meters, ELCB and MCB available.
Cable TV in the living room along with telephone connection.